BWG Foods, the Irish retail and consumer goods congolmerate, has announced plans to open 60 new Spar and Eurospar stores in Ireland over the next three years.
In a press release, the company said it was investing €65 million ($68 million) in its retail network in response to strong sales growth for both brands, with revenues topping €1.6 billion ($1.7 million) in 2022.
BWG Foods is now looking for suitable greenfield and brownfield sites in the vicinity of major cities and close to new housing developments to expand its own network. The investment plans also include upgrades to 100 existing Spar and Eurostar stores.
The investment will reportedly create over 1,100 jobs and will increase the number of stores operating under both banners in Ireland to 525 by 2025.
Source: BWG Foods